TIGO Energy (TYGO) Chief Growth Officer Tian Jing Withholds Shares for Taxes

What Happened

• Tian Jing, Chief Growth Officer of TIGO Energy (TYGO), had 11,613 shares of common stock withheld on September 16, 2026 to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units (RSUs).
• The withholding was at $1.03 per share, totaling approximately $11,961. This was an exempt disposition to the issuer under Rule 16b-3(e) (transaction code F), i.e., a routine tax-withholding event rather than an open-market sale.

Key Details

• Transaction date & price: 2026-09-16, 11,613 shares @ $1.03 each (total ~$11,961).
• Transaction code: F — shares withheld to satisfy tax withholding on vested RSUs.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Notable footnotes:
  • F1: Confirms shares withheld in an exempt disposition to the issuer to satisfy tax withholding.
  • F2–F4: Detail RSU grant history and vesting schedules — totaling 23,758 (Sept 16, 2024 grant), 51,416 (Aug 1, 2025 grant), and 61,800 (Aug 7, 2026 grant) underlying RSUs (total 136,974), with scheduled vesting per the grant dates.
• Filing timeliness: Report filed on 2026-09-18 for a 2026-09-16 transaction; appears to be filed within the typical 2-business-day window.

Context

• This transaction reflects a tax-withholding mechanism when RSUs vest: shares are delivered to the insider and the company withholds a portion to cover required taxes. It is not an open-market sale and is generally considered routine administrative activity, not necessarily a signal of the insider’s view on the stock.
• Footnotes indicate which grants and vesting schedules produced the vested shares (notably the Sept 16, 2024 grant had a tranche vesting on Sept 16, 2026).